Bin Yu, Founder of Utegration, announces that Bart Thielbar will take on the new role of CEO effective immediately. Mr. Yu will serve in the role of Chairman of the Board and focus his time on company strategy. Mr. Yu made the official announcement to the Utegration employees during the company meeting today in San Antonio.
Mr. Yu said, Utegration is at a critical point in its growth strategy and having new leadership is key in capturing the market opportunities. We will continue to keep our strong company culture and deliver on our vision, mission, and values. Bart has demonstrated he has a solid understanding of our culture, solutions, capabilities, and go-to market strategies. Today, we have the right organization in place to capitalize on the next wave of growth, and we are executing extremely well and gaining market share and momentum in the industry space. That makes this the right time for me to hand over the day-to-day business entirely to Bart.
Utegration is a great team and I feel it is a privilege to be a part of such a terrific company and to follow Bin as the second CEO in our history. I am very appreciative of Bins trust in my leadership. The core values that have guided us since inception will continue to be our North Star as we help our customers, and our employees, achieve their objectives. Utegration has a unique position in the utility consulting marketplace. We strive to deliver the highest quality services and innovative solutions, while also developing the most talented professionals into industry leaders, and working to make a difference to our clients and communities, said Mr. Thielbar.
Utegration is headquartered in Houston, Texas, with an office in Bangalore, India and a recently established a Canadian affiliate. As an SAP partner, Utegration focuses on SAP for Utilities, analytics, and core technology solutions specializing in consulting services, software sales, and development of software applications. Utegration serves clients across the water, gas, electric, and broader energy sectors.